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$169,900

TBD FM 1567, Lone Oak, TX, 75453

On MarketInfo
Just AddedInfo
Baths0 Bath

About this property

Lots 4 and 5 together for a total of 6 acres! Discover the perfect blend of privacy, convenience, and country living on this beautiful property. Surrounded by mature trees, this spacious tract offers a peaceful and secluded homesite that has already been cleared and is ready for your dream home. A driveway entrance with a culvert is already in place, saving you time and making the building process even easier. Located in the desirable Lone Oak ISD, with the possibility of being in Miller Grove ISD, this property offers flexibility for families seeking quality education options. Deed restrictions are in place to help protect your investment and preserve the character of the area. Enjoy the tranquility of rural Texas while still being conveniently located just 5 minutes east of Lone Oak and only 20 minutes from Greenville. Whether you’re looking to build a custom home, create a private retreat, or invest in land with lasting value, this property offers an incredible opportunity to make your vision a reality.

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Dave Mcilrath

C. W. Sparks Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Lone Oak

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TBD FM 1567 | Property Details | No Agent List